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Northwest Energy Innovations

NWEI is focused on commercializing cost effective technology for converting the endless power of ocean waves into electricity.

  • Stage Prototype Ready
  • Industry Clean Technology
  • Location Portland, OR, USA
  • Currency USD
  • Founded January 2011
  • Employees 5
  • Website

Company Summary

NWEI is focused on the validation of a commercial technology to generate power from ocean waves. We have successfully tested a TRL6 prototype in Oregon in 2012 and are currently planning a Pilot Project to test the WET-NZ technology at the Navy’s Wave Energy Test Site at Marine Corps Base Hawaii. Prior to redeploying the prototype we plan to modify the controls, hydraulics, and the generator to improve energy capture and reduce cost.


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    Steven Russell Kopf
    Founder and CEO

    Mr. Kopf has an extensive background in the energy and engineering sectors. His early career was spent in a business development group in DuPont where he served as Vice President of a joint venture company and managed more than $100 million in revenue growth. He is skilled in new product development, intellectual property management, fund raising, and developing collaborative relationships with supply chain partners and end use customers.

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    Justin A Klure
    Founder and CFO

    Mr. Klure has a strong track record of innovation in the energy efficiency and renewable energy sector. His early career was spent in the Oregon Department of Energy, where he was responsible for developing and implementing many innovative programs, including the OR Business Energy Tax Credit. He also founded and served as the initial Exec Director of the OR Wave Energy Trust, a state funded organization that is helping catalyze this industry.


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    Stoel Rives (Portland, OR)
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    Perkins and Company (Portland, OR)

Previous Investors

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